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Optex Systems secures $6.5 million military contract for supply of Optically Improved Periscopes

Dec 12, 2024•over 1 year ago

Contract Type

contract

RichardsonManufacturing

Description

Optex Systems Holdings, Inc. has secured a $6.5 million contract from DLA Land and Marine for the supply of Optically Improved Periscopes. The Indefinite Delivery Indefinite Quantity (IDIQ) agreement has an initial term of three years and an option to extend for two additional years.

Company Information

Company

Optex Systems Holdings

Location

Richardson, Texas, United States

About

Optex Systems Holdings, Inc. is a manufacturer specializing in precision optical sighting systems, established in 1987 and based in Richardson, Texas. It supplies optical sighting systems and assemblies mainly for the Department of Defense.

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Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months